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Updated about 2 years ago,

User Stats

24
Posts
25
Votes
Matthew DeMichele
  • Investor
  • Phoenix, AZ
25
Votes |
24
Posts

Does anyone have any recent deal deep dives they could share?

Matthew DeMichele
  • Investor
  • Phoenix, AZ
Posted

Hey everyone,

I've been targeting properties in various Midwest markets, specifically properties that are 2-4 units in the $100k-$300k range. I'm looking for properties that can cash flow a little bit even at an interest rate of around 6.75%. They don't have to cash flow a lot, maybe just around $50-$100/door. I'd even be satisfied with just around break even, knowing I could hopefully refinance down the road at a lower rate. I've been doing some deal analysis, but am not sure if my numbers are entirely accurate or realistic. Would love it if anyone is willing to share the details of a recent investment they've made and how they analyzed it. Thanks! 

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